Reefton gold mine sheds 51 jobs

SARAH-JANE O'CONNOR
Last updated 10:11 05/08/2014

Relevant offers

Industries

New Zealand's first Krispy Kreme to open in south Auckland Nearly half of retailers miss targets during lousy summer Heavy winds delay world-first rocket launch at Rocket Lab's NZ launch pad F&P Healthcare set to join exclusive $1b tech club Brian Richards: making the incredible, credible Items from quirky Nelson store Tree Children sell in receivership auction Chart of the day: How many sheep does Marlborough have? Weta Workshop denies misogyny claim in American woman's lawsuit Sky Television puts price of satellite service on pause New Plymouth architects among award winners

A further 50 mining jobs have been lost on the West Coast as OceanaGold Corporation downsizes its Reefton gold mine.

The Australian company made 51 employees at the mine redundant yesterday.

OceanaGold announced in June that it would lose about 60 jobs as the opencast mine wound down to a "care and maintenance" phase.

Yesterday workers found out who had been made redundant in the cuts.

Engineers, Printing and Manufacturing Union West Coast organiser Garth Elliott said he understood 51 workers had been affected.

There were some surprises, with people who thought they were staying finding out otherwise, Elliott said.

"You know it's coming, but when it comes it's still a blow," he said.

In June last year OceanaGold said it would wind-down the Reefton operation and head into a "care and maintenance phase" by mid-2015.

Last week the company posted a first-half profit of US$56.8 million, a US$120m turnaround from last year's first-half loss.

It said that a revised mine plan at Reefton would result in a "slight increase in the life of the mine".

Before the redundancies, the mine employed about 240 staff.

Ad Feedback

- Stuff

Special offers

Featured Promotions

Sponsored Content